GDP growth expected

According to Statistics Mauritius, GDP grew by 3.2% in 2013 and is expected to increase marginally in 2014, with the Mauritian Central Bank expecting a GDP growth rate in the range of 3.8% and 4%. Statistics Mauritius has a similar forecast expecting 3.7% growth in 2014. Mauritius has one of the highest levels of GDP per capita in Africa and a positive economic outlook, according to credit insurer Coface. “The country’s development traditionally has come from trade supported by exports. However this growth is now evolving and becoming increasingly diversified with new local industries and international focus,” a spokesman said.